How does Janira read Money Flow Index (14-bar, centred)?

Values above +10 (native MFI > 60) show heavier volume-weighted buying pressure. Values below −10 (native MFI 70, here >+20) and oversold region (<30, here <−20) indicate conditions where volume-price divergences often precede reversals.

Money Flow Index (14-bar, centred)Volume

Q: What does Money Flow Index (14-bar, centred) measure?

MFI is a volume-weighted oscillator that compares the typical price × volume on up-bars versus down-bars over 14 periods, similar to RSI but with volume as a weighting factor. Here it is shifted by −50 so zero is neutral.

Timeframe M1 · unit %

What it measures

MFI is a volume-weighted oscillator that compares the typical price × volume on up-bars versus down-bars over 14 periods, similar to RSI but with volume as a weighting factor. Here it is shifted by −50 so zero is neutral.

How Janira reads it (bullish vs bearish)

Values above +10 (native MFI > 60) show heavier volume-weighted buying pressure. Values below −10 (native MFI < 40) show heavier selling pressure. The native overbought region (>70, here >+20) and oversold region (<30, here <−20) indicate conditions where volume-price divergences often precede reversals.

In plain language

Like RSI, but each 'vote' is weighted by how much money changed hands. A bar where price rose AND a lot was traded counts more than a bar where price rose on thin volume. Zero means buying and selling money flows are roughly balanced.

Scenarios

MFI centred above +20: overbought zone - volume-weighted buying has been dominant for 14 bars, sometimes a sign of exhaustion rather than continuation.
MFI centred below -20: oversold zone - volume-weighted selling has accumulated, sometimes preceding a bounce as sellers exhaust supply.
MFI rising while price is flat: volume-weighted money flow is diverging positively from price, suggesting underlying demand.
MFI falling while price rises: distribution pattern - price advances on shrinking money flow, a potential warning.

More volume indicators

OBV Slope (10-bar, normalized)Chaikin Money Flow (20-bar)Force Index (13-bar EMA, normalized)VWAP Distance (%)Accumulation/Distribution Slope (10-bar, normalized)Ease of Movement (14-bar EMA, normalized)Volume Oscillator (5 vs 20 SMA, %)Volume Price Trend Slope (10-bar, normalized)

Janira computes Money Flow Index (14-bar, centred) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.